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Elementary and Secondary Schools May Participate or Not in the National

question 31

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Elementary and secondary schools may participate or not in the National School Lunch Program.Participating allows the school to


Definitions:

Maximized Total Cost

Refers to the highest possible sum of all costs associated with a certain process, project, or production activity.

Raw Materials

The basic, unprocessed resources or inputs used in the production of goods and services.

Labour

The human workforce involved in productive work, especially physical work, in an economy or for a specific project or company.

Profit Margins

measure the difference between the cost of producing a product or service and its selling price, expressed as a percentage of the sales price.

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